About your Search

20121006
20121014
Search Results 0 to 5 of about 6 (some duplicates have been removed)
are revitalizing the economy. american express open is here to help. that's why we are proud to support "your business" on msnbc. >>> hi there, everyone. i'm j.j. ramberg. welcome to "your business," the show dedicated to giving you tips and advice to helping your business grow. it was about one minute into the debit when small business was spoken by candidates. the amount was stricken in the amount of time obama and romney directed the issues that directly affect them. particularly in jobs and taxation. >> governor romney and i do share a deep interest in encouraging small business growth. at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small businesses 18 times. and what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. >> i talked to a guy who has a very small business. he is in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes. federal income, federal payroll tax, state sales tax, property tax cab ga
not seen addressed offer the laugh four years. most notably, how are we going to get this economy growing again because from a small business owner's perspective, that is what is going to get them hiring and make them more successful. if the economy grows, more people are buying from them. there's more confidence, and it is just a self fulfilling prophecy. >> what we are dealing with here, four years -- apart from what president obama is saying on there, what we have seen is that small business is struggling and we are way, way at the end of the food chain. we have banks that can't fail. $700 billion going into who knows what. snail gardens in san francisco. it is harder today because of rules like dodd-frank to get money from a bank. small banks are failing. we lost 2,000 of them in the last two or three years. that's where businesses go to get the personal loan based on my personal credibility. those are gone, and that's why we need a change. >> when you listen to them debate and you hear, this is going to affect small businesses, this is going to affect small business, i sometimes thin
and there was this american dream that they were after. here we are, we're out of a recession but the economy is st stagnant. >> the next question, when to ask for funding. >> is it ai good idea to ask for money from the bank before the savings are depleted or should we continue to burn through those until there's zero left. >> you never want to hit zero. >> yes. >> to answer this question, i guess the first thing that comes to mind is, you really have to think about the likelihood of failure. and failure two years out, failure three years out or four years out. you have to think about who's going to get hurt the most in this. what's very hard for people who start businesses that don't get outside investors into their businesses is that it's -- you know, it's their savings. they feel the failure more than if they had a venture capital backer, ference. if you start borrowing money from your friends and family they may suffer when your business fails. >> you should always be talking to people about getting money even if you don't need it. you don't want to be down to the wire and think, who's going to give me
Search Results 0 to 5 of about 6 (some duplicates have been removed)